| johnpaulca 12,036 posts
 msg #71737
 - Ignore johnpaulca
 modified
 | 2/25/2009 8:52:54 AM 
 When you say you wait until it opens above the trigger....do you mean you wait until a 5min bar opens above the BB? And if the previous bar (that broke the BB) was a wide-range bar, then wait for a successful retest before jumping in?
 
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 That's exactly what I mean...open and close above the trigger. This way you don't get as many head fakes and with a wide range bar you often get a retest of the breakout zone(BBand).
 
 
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| johnpaulca 12,036 posts
 msg #71739
 - Ignore johnpaulca
 | 2/25/2009 9:06:51 AM 
 FAZ...fresh off the press, I have highlighted the breakout and the  retest bars.
 
 
  
 
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| johnpaulca 12,036 posts
 msg #71740
 - Ignore johnpaulca
 | 2/25/2009 9:37:45 AM 
 FAZ...long at $57.81(booya buy on 5-min chart)
 
 
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| johnpaulca 12,036 posts
 msg #71741
 - Ignore johnpaulca
 modified
 | 2/25/2009 9:39:50 AM 
 FAZ....hit target at $60...$2.19 profit
 
 
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| 13th_floor 724 posts
 msg #71742
 - Ignore 13th_floor
 | 2/25/2009 9:53:09 AM 
 FAZ 61.5  +1200 from 58.5
 
 
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| johnpaulca 12,036 posts
 msg #71743
 - Ignore johnpaulca
 | 2/25/2009 9:54:04 AM 
 FAZ...short @61.41
 
 
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| 13th_floor 724 posts
 msg #71744
 - Ignore 13th_floor
 | 2/25/2009 10:02:39 AM 
 62.5 +1600
 
 
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| 13th_floor 724 posts
 msg #71745
 - Ignore 13th_floor
 | 2/25/2009 10:08:16 AM 
 63.5  +2000,letting it run$$$$$$$$$$$$$$$$$
 
 
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| johnpaulca 12,036 posts
 msg #71746
 - Ignore johnpaulca
 | 2/25/2009 10:10:41 AM 
 13th: way to get out of that hole. I tried shorting the demon but quickly got stomped out.
 
 
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| johnpaulca 12,036 posts
 msg #71747
 - Ignore johnpaulca
 | 2/25/2009 10:15:43 AM 
 FAZ...I will try again shorting at 63.46 with my stop at 64.64...need to give this dog a long chain
 
 
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